GBP/CAD just failed to push through the upper trend line of the wedge. Together with this reversal, we've spotted a bearish divergence on the RSI. The two signals working together make this reversal more likely to succeed. Consider the green area to exit your short, since the price is likely to bounce off the lower trend line again.
short /es - bearish divergence - cheap protection
Growing Bearish Divergence MACD about to meet Healthy RSI This is a good stock to watch!
Growing bearish divergence High RSI MACD starting to curve down Target drop price 59.79 This is on my watch list and will be monitored.
Hello everyone, here is the top-down analysis for EURCAD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
In the chart you can see the clear bearish divergence (drawn in red lines) on this smaller time scale.
In the time frame 4h,you can see bearish divergence(HD-),(drawn in red lines) In the time frame 1h,you can see bearish divergence(RD-),(drawn in white lines)
Big drop on USDCAD coming for a Swing Trade
Currently the trend is upwards. Price and oscillator momentum is readable to an extent. We can expect the price to fall below support line. RSI is indicating opposite highs and lows. Hopefully we can track more here.
Just a warning, this is only an opinion do not trade accordingly
Hurricane season should finish in the first week of September.
BTCUSD is seeing some pretty clear bearish divergence. Currently I can only see this being a brief pull back as market sentiment still seems very bullish and only getting more bullish! Loads of support all the way down to $13,000, will reassess if it gets any worse from there.
Chainlink is coming to a crucial Point to pump or possible dump. possible Head and shoulders on the 1h chart along with a bearish divergence if we dump could possibly retrace around 17.26 while BTC volume is up i expect chainlink to do a little more pumping possibly by Tues or Wed these are just possible scenarios RSI overall isnt bad Not Financial advise...
Got some wedges and alot of divergence after a push up and nearing the 1.618 extension this could lead to a big pullback in the Mid to Long Term
BEARISH DIVERGENCE PLAYED OUT GREAT THANKS TO NEGATIVE NEWS AS CATALYST. LETS SEE WHAT KIND OF FOLLOW THRU PRICE ACTION WE GET...BIG GAP FILL WAY DOWN AROUND 151 AREA !!
TF: 1 Hr Looks like some bearish divergence is emerging on the MACD and Stochastic. Price is forming a rising wedge so shorting around here may workout.
TF: 4 Hr NZD was recently denied and may have formed a double top. Some bearish divergence is starting to show up on the MACD.